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Property profile & analytics
OFF-MARKET
Land

0 Hollywood And Helium Amarillo, TX 79119

9.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.4-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Located at the hard corner of Hollywood and Helium Roads, this property boasts a desirable location within the established Grey Hawk area, just one mile south of the new West Plains High School. The lot is situated on the curve of the Southwest Loop and Amarillo city limits, offering excellent visibility and accessibility. The property is zoned for commercial use outside city limits and includes a pre-existing agriculture well. A 2.5-acre portion is already platted, simplifying development plans. This strategic location is surrounded by strong landowners, including Perry Williams, Rockrose, Highland Springs, and Heritage Hills neighborhoods, indicating a stable and growing community. The asking price is $15, with a land value of $15 per square foot. This property's size, location, and existing infrastructure make it an attractive prospect for various commercial ventures. The established surrounding neighborhoods and proximity to a new high school further enhance its potential for significant return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional Amarillo property. Potter County location, zip code 79119.

Property profile
Verified
Property type Land
Lot 9.4 ac (409,464 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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